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Infinitez Infinitez
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4 months ago
What does a coverage ratio measure?

▸ the company's ability to pay the principal amount of its debt

▸ the company's ability to "cover" (pay) its operating expenses

▸ the company's ability to "cover" (meet) shareholder return expectations

▸ the company's ability to pay the interest on its debt
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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mnnewmanmnnewman
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4 months ago
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4 months ago
This calls for a celebration Person Raising Both Hands in Celebration
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You make an excellent tutor!
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